CyberCube, the provider of cyber risk analytics for the insurance industry, has entered into a Strategic Technology Ecosystem Partnership with Envoy Insure, a digital distribution platform for insurance brokers. This integration will embed CyberCube’s analytics into brokers’ workflow, allowing for real-time cyber risk insights during “multi-carrier quote comparisons.”
Via the collab, Envoy Insure will integrate CyberCube’s Broking Manager APIs—such as its Financial Loss Model, Signal Assessment, and Report PDF—into its quoting platform.
The solution enables retail and wholesale brokers to incorporate CyberCube’s forward-looking cyber risk metrics into “proposal generation, supporting more informed cyber coverage decisions.”
Ross Wirth, VP, Head of Strategic Tech Ecosystem at CyberCube has said that their mission is to accurately “quantify cyber risk and translate that into actionable insights for the insurance ecosystem.”
This partnership with Envoy Insure makes their cyber analytics “more accessible and impactful at the point of quote—where brokers are advising clients on limits, pricing, and risk selection.”
Envoy Insure’s platform enables brokers to efficiently collect exposure data, access real-time quotes from carrier partners, and produce client-ready proposals—all from a unified interface.
With the integration of CyberCube’s analytics, brokers can now offer clients a more “data-driven narrative around cyber threats and financial exposure.”
As covered, CyberCube is the provider of software-as-a-service cyber risk analytics to quantify cyber risk in financial terms. CyberCube leverages data, analytics, artificial intelligence, and human resources “to serve insurance institutions globally.”
The CyberCube platform was established back in 2015 within Symantec and has operated as a standalone company since 2018.
With offices in San Francisco, New York, Chicago, London, and Tallinn, Estonia, theteam is committed “to helping organizations and society build resilience to cyber risk.”
As noted in the update, Envoy is a submission management platform that reportedly aims to simplify commercial insurance quoting for brokers, wholesalers, as well as agents.
Built by Growthmill in partnership with Herald API, they intend to provide access to multiple carriers and lines of business via a web portal and direct submissions.
Envoy Insure reportedly eliminates duplicate data entry, accelerates “the quoting process, and empowers producers to grow their book of business.”